PANNING CAPITAL MANAGEMENT, LP Information

510 MADISON AVE., NEW YORK, New York, 10022, (212) 916-1860

Report Date: 12/31/2015

Position Statistics

Total Positions 5
New Positions 2
Increased Positions 2
Decreased Positions 3
Positions with Activity 5
Sold Out Positions 2
Total Mkt Value (in $ millions) 38

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial 93.53%
Healthcare
Services
Technology 0%
Transportation
Utilities 6.47%

5 Positions as of 12/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
SPDR SERIES TRUST BRC HGH YLD BD 35,300 35,300 New 1,000,000
BOARDWALK PIPELINE PARTNERS LP UT LTD PARTNER 2,408 -16,270 (87.11) 148,031
KINDER MORGAN INC DEL WT EXP 052517 35 35 New 1,000,000
AMAYA INC COM -6,865 Sold Out 0
CREDIT ACCEP CORP MICH COM -5,358 Sold Out 0